After Voyager Digital filed for Chapter 11 bankruptcy protection in July, the crypto lender’s assets were supposed to be bought by none other than FTX.US, as the latter’s bid had been approved by the Bankruptcy Court for the Southern District of New York in late October. However, since FTX itself filed for Chapter 11 bankruptcy protection on Nov. 11, Voyager’s customers didn’t know what would happen to their funds.
Binance.US and Voyager announced yesterday that they entered into an agreement for Binance.US to acquire Voyager’s assets. According to Binance.US CEO Brian Shroder, the priority is to return assets to the customers as fast as possible.
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